Global
MLB, Mercedes-AMG Petronas F1 team subject of FTX lawsuits
Investors in FTX have filed lawsuits against Major League Baseball and the Mercedes-AMG Petronas Formula 1 team for allegedly helping to push the sale of unregulated securities via the cryptocurrency exchange
South Africa pulls 2027 WWC bid, considers 2031
The South African Football Association (SAFA) has withdrawn its bid to host the 2027 Women’s World Cup and says it is now considering an application to stage the tournament in 2031.
World Boxing elects president, details events plan and signs first sponsor
Boris van der Vorst, a prominent opponent of International Boxing Association (IBA) president Umar Kremlev, has been elected as the inaugural president of World Boxing, with the new organisation also detailing an events plan and signing its first sponsor.
FEI posts CHF2.5m loss for 2022, predicts tougher times ahead
The International Equestrian Federation (FEI) is to undertake a full examination of its income and expenditure in the first quarter of 2024 after conceding the economic situation in Europe remains fragile.
Misano replaces Rome as expanded Formula E calendar signed off
Formula E has sealed what will be a record 17-race season in 2024, with Misano joining Shanghai and Tokyo as new venues on the electric motor racing series’ calendar.
Fifa finally unveils Qatar Airways top-tier sponsorship renewal
Fifa has officially announced that Qatar Airways has renewed as a top-tier 'Fifa Partner' until 2030
Iris deals with Saudi Sports Company for centralised CAF qualifier rights
Iris Sport Media, the boutique agency set up by Ioris Francini and his former IMG colleagues Floris Weisz and Luca Baldanza, has been appointed by state-controlled sports media entity Saudi Sports Company…
Global value of sports media rights nears $56bn
The global value of sports media rights has increased to just under $56bn (€51.1bn) despite another year of turbulence in which cornerstones of the industry came under threat.
Global value of sports media rights nears $56bn, SportBusiness report reveals
The global value of sports media rights has increased to a record high of almost $56bn (€51.1bn/£44.7bn), SportBusiness’ Global Media Report 2023 reveals.
Serie A nets uplift from first international deals, betting rights award close
Lega Serie A is close to finalising its first international broadcast deals of the new cycle after rights were awarded in eight countries from the 2024-25 season onwards
Right Formula adds to F1 portfolio with THG activation deal
Manchester-based e-commerce and consumer goods company THG has appointed the Right Formula agency to activate its new sponsorship agreement with the Williams Formula 1 team.
PFL acquires rival Bellator in direct challenge to UFC
The Professional Fighters League (PFL) has acquired rival promotion Bellator from Paramount Global in a landmark deal in the global mixed martial arts space
Voting opens for Dubai Globe Soccer Awards, European champions Manchester City dominate nominations
Thirteen Premier League stars on 30-man list for Best Men’s Player at glittering gala event to be held alongside Dubai International Sports Conference at Atlantis, the Palm on January 19
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ICC issues RFP for key data insights into sponsorship value of major events
The International Cricket Council has initiated plans for what it hopes will lead to an increase in the value of its commercial packages after 2027, by launching a Request for Proposals (RFP) for brand…
EXCLUSIVE: Red Bull Racing in JP Morgan Chase sponsorship talks
Formula 1 team Red Bull Racing is in advanced negotiations with international financial services company JP Morgan Chase about a sponsorship agreement, SportBusiness can reveal
Formula 1 delivers 15.8-per-cent increase in central sponsorship income
Formula 1 will generate $445m (€410.1m/£358.1m) in central sponsorship income this year, an increase of 18.9 per cent on the $374m it generated in 2022.
Hearn: Matchroom equity sale still likely
Matchroom chairman Eddie Hearn believes a deal to sell a minority stake in the company will “probably happen” despite a proposed deal with CVC Capital Partners falling through earlier this year.In
Matchroom fighting for £1bn valuation as investors circle
Matchroom's Eddie Hearn talks exclusively to SportBusiness about private equity interest, the death of PPV boxing and the rise of influencers.